A new trading day began on Tuesday, with Workhorse Group Inc (NASDAQ: WKHS) stock price down -5.49% from the previous day of trading, before settling in for the closing price of $0.58. WKHS’s price has ranged from $0.46 to $163.60 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 239.73% over the past five years. Meanwhile, its annual earnings per share averaged 79.71%. With a float of $40.09 million, this company’s outstanding shares have now reached $40.98 million.
Let’s look at the performance matrix of the company that is accounted for 298 employees. In terms of profitability, gross margin is -333.34%, operating margin of -1028.63%, and the pretax margin is -1384.72%.
Workhorse Group Inc (WKHS) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Manufacturers Industry. The insider ownership of Workhorse Group Inc is 2.16%, while institutional ownership is 6.49%.
Workhorse Group Inc (WKHS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 79.71% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 69.51% during the next five years compared to 4.17% growth over the previous five years of trading.
Workhorse Group Inc (NASDAQ: WKHS) Trading Performance Indicators
Here are Workhorse Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.47, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.19 in one year’s time.
Technical Analysis of Workhorse Group Inc (WKHS)
Workhorse Group Inc (NASDAQ: WKHS) saw its 5-day average volume 2.33 million, a negative change from its year-to-date volume of 2.86 million. As of the previous 9 days, the stock’s Stochastic %D was 69.51%. Additionally, its Average True Range was 0.06.
During the past 100 days, Workhorse Group Inc’s (WKHS) raw stochastic average was set at 5.72%, which indicates a significant decrease from 58.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.34% in the past 14 days, which was lower than the 120.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7293, while its 200-day Moving Average is $1.4460. Nevertheless, the first resistance level for the watch stands at $0.5744 in the near term. At $0.6036, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.6203. If the price goes on to break the first support level at $0.5285, it is likely to go to the next support level at $0.5118. The third support level lies at $0.4826 if the price breaches the second support level.
Workhorse Group Inc (NASDAQ: WKHS) Key Stats
With a market capitalization of 22.34 million, the company has a total of 40,982K Shares Outstanding. Currently, annual sales are 13,090 K while annual income is -123,920 K. The company’s previous quarter sales were 2,510 K while its latest quarter income was -25,140 K.
